Three Years Later, President Biden Delivers for Americans Where Donald Trump Failed
January 20, 2024
On the third anniversary of President Biden and Vice President Harris’s inauguration, DNC National Press Secretary Sarafina Chitika released the following statement:
“In the three years since President Biden and Vice President Harris were sworn into office, they have delivered historic progress for the American people — they’re working to lower costs for hardworking families, a record number of jobs are putting Americans back to work, and we’re seeing a manufacturing boom while our roads and bridges are being repaired across the country. The Biden-Harris administration continues to deliver where Donald Trump failed — and as they campaign for four more years to finish the job, Trump is campaigning to take America backward. President Biden is running on an agenda to improve the lives of the American people, grow the economy from the bottom up and the middle out, strengthen democracy, and restore and expand our freedoms, while Trump is running on an agenda to benefit one person: himself. As President Biden and Vice President Harris round out their first term, voters will vote to build on their historic progress this November — not take us back.”
Under President Biden’s leadership, more jobs were created in 2023 than any year under Trump.
White House: “This morning’s report confirms that 2023 was a great year for American workers. The economy created 2.7 million new jobs in 2023—a year when the unemployment rate was consistently below 4 percent—more jobs than during any year of the prior Administration.”
Washington Post: “President Trump took office at the crest of the longest economic expansion in U.S. history. He leaves presiding over the worst labor market in modern U.S. history, as an already-sputtering economic recovery has turned negative.”
Fortune: “Trump to leave office with the worst jobs record since Herbert Hoover”
President Biden kick-started a manufacturing boom thanks to the historic Inflation Reduction Act, while Trump’s reckless policies created new incentives for companies to ship factory jobs overseas.
Bloomberg: “US Steel CEO Hails IRA as a ‘Manufacturing Renaissance Act’”
Yahoo News: “Under President Biden, however, a manufacturing boom finally seems to be getting started. Since the beginning of 2022, construction spending on new factories has more than doubled, from an annualized rate of $91 billion in January 2022 to $189 billion in April 2023, the latest data available. That’s the biggest jump, by far, in data going back to 2002.”
The Hill: “A surge in manufacturing construction across the country is grabbing the attention of economists and workers on the ground as legislative efforts to reinvigorate the U.S. industrial base are bearing fruit.”
Axios: “South, Mountain West see manufacturing boom under Biden”
Wall Street Journal: “Shift to EVs Triggers Biggest Auto-Factory Building Boom in Decades”
BLS: When Trump left office, there were 170,000 fewer manufacturing jobs than when he started.
Detroit Free Press: “And in March 2017, he praised General Motors when he flew to Detroit to highlight the importance of American manufacturing. That same day, GM announced plans for 900 new or retained jobs in Michigan within 12 months. This week, GM confirmed a net loss of 3,500 hourly manufacturing jobs in 2017.”
Washington Post: “Trump promised this Wisconsin town a manufacturing boom. It never arrived.”
Washington Post: “Trump, in fact, might actually make things worse.
What happened to the workers in Clinton, tax experts say, will probably happen to more Americans if the Republican tax overhaul becomes law. The legislation fails to eliminate long-standing incentives for companies to move overseas and, in some cases, may even increase them, they say.”
Reuters: “Donald Trump won the U.S. presidency four years ago, in part, by a promise to Midwest factory workers that he would stop companies like Schneider Electric SE from moving jobs out of the country. He didn’t stop them.”
Bloomberg: “The Offshoring of U.S. Jobs Increased on Trump’s Watch”
Trump’s “Infrastructure Week” was a long-running joke at the expense of Americans waiting for their crumbling roads and bridges to be fixed — but thanks to President Biden, we have an infrastructure decade.
Associated Press: “President Joe Biden signed his hard-fought $1 trillion infrastructure deal into law Monday before a bipartisan, celebratory crowd on the White House lawn, declaring that the new infusion of cash for roads, bridges, ports and more is going to make life ‘change for the better’ for the American people.”
Baltimore Sun: “Federal rail infrastructure money to help pay for Baltimore tunnel, Maryland bridge replacements and Penn Station face-lift”
Reuters: “Biden offers millions and hope for delayed Hudson River tunnel project”
Cincinnati Enquirer: “‘We can get things done’: Biden praises bipartisanship and Brent Spence Bridge project”
Pennsylvania Capital-Star: “Biden administration sends millions to states for bridge repair, replacement”
Washington Post: “Trump’s 2016 campaign pledges on infrastructure have fallen short, creating opening for Biden”
New York Times: “How ‘Infrastructure Week’ Became a Long-Running Joke”
“At this point in the Trump presidency, ‘Infrastructure Week’ is less a date on the calendar than it is a ‘Groundhog Day’-style fever dream doomed to be repeated.
“Roughly two years after the White House first came up with the idea of discussing, for all of seven days, the pursuit of a bipartisan agreement to rebuild the nation’s roads, bridges and broadband networks, President Trump more or less torpedoed those plans on Wednesday in a Rose Garden speech.”
President Biden has always fought to lower costs for hardworking American families, while Trump’s MAGAnomics policies lined the pockets of his wealthy friends and big corporations.
Kaiser Family Foundation: “The Inflation Reduction Act limits monthly cost sharing for insulin products to no more than $35 for Medicare beneficiaries.”
ABC News: “The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest effort by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck.”
NPR: “President Biden was joined at the White House on Thursday by some of the country’s biggest ticket sellers — companies that are promising to end the practice of tacking on surprise fees at the end of an online order.”
Forbes: “Trump Tax Cuts Helped Billionaires Pay Less Taxes Than The Working Class In 2018”
CBS News: “Two years after Trump tax cuts, middle-class Americans are falling behind”
The Guardian: “They were billed as a ‘middle-class miracle’ but according to a new book Donald Trump’s $1.5tn tax cuts have helped billionaires pay a lower rate than the working class for the first time in history.”
Economic Policy Institute: “The TCJA overwhelmingly benefited the rich and corporations while overlooking working families”